$10,000 Closing Credit¹
#TB8305825, Renee Celli, Listing Office: RE/MAX METRO
$10,000
closing credit¹
742 7th Ave N Saint Petersburg, FL 33701
$1,450,000 List price
$10,000
Closing credit¹
0 beds
3,515 sqft
0.2 acres
$413 / sqft
Multi-Family
Property details
About 742 7th Ave N
Turnkey 8-Unit Multi-Family Opportunity in Historic Uptown St. Petersburg Discover this exceptional investment opportunity in the heart of St. Petersburg's vibrant downtown urban core. This 8-unit property has been meticulously renovated, making it a standout asset in one of the city's most desirable neighborhoods. Recent capital improvements include a new roof (October 2022), electrical upgrades throughout the property (2020 & 2022), and updated kitchens in 5 units, with two additional units fully renovated in 2023. Additional enhancements include new flooring, fresh paint, updated exterior stairs, laundry equipment, fencing, and durable vinyl siding, ensuring low-maintenance ownership. The property comprises three separate buildings: an original bungalow, a two-story main building, and a garage apartment with multiple garage bays, offering excellent storage or potential for additional rental income. Two of the largest units feature central air via mini-split systems, and the property provides off-street parking for 5 vehicles. Situated in the Historic Uptown district, just 1.5 blocks from Round Lake Park and a short 5-7 minute drive to downtown St. Petersburg, this location offers unparalleled access to restaurants, Starbucks, shopping, and cultural attractions. Whether you’re walking your dog, biking downtown, or enjoying the charm of this historic neighborhood, this property offers an unbeatable combination of modern updates and timeless appeal. With current rents slightly below market, there is significant potential for increased revenue. Don’t miss this rare opportunity to own a turnkey investment property in one of St. Petersburg’s most sought-after neighborhoods. Please Note: Do not disturb tenants. Contact us today for additional information or to schedule a private showing!
Highlights
Home typeMulti Family
HeatingCentral, Other
StatusActive
CoolingZoned
Size3,515 sqft
Lot size0.18 Acres
Year built1915
MLS #TB8330842
Virtual tour
Summary
- MLS Number: TB8330842
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (727) 360-6927
- Listing Agent: Estelia Will Mesimer
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:19:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,450,000
742 7th Ave N
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 21, 2023 | Home Sold | $1,230,000 |
| Aug 18, 2004 | Home Sold | $236,500 |
| Jun 11, 2003 | Home Sold | $164,900 |
| Apr 04, 2002 | Home Sold | $375,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $630,000 | $9,233 |
| 2022 | $567,000 | $8,427 |
| 2021 | $385,300 | $8,427 |
| 2020 | $325,804 | $7,229 |
History based on county public records data.
Nearby schools
2
Woodlawn Elementary
Public District PK-5
1.0 mi
•1600 16th St N
4
Campbell Park Elementary
Public District PK-5
1.1 mi
•1051 7th Ave S
4
Melrose Elementary
Public Magnet PK-5
1.7 mi
•1752 13th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,333. Most Saint Petersburg, FL residents have annual incomes less than $<35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
61%
<35k
36%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
78%
Single, No Kids
9%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
48%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Pro Boxing
Where do the neighbors shop?
Express/Express For Men
Forever 21
Burlington
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Popeyes
What do the neighbors drive?
Pontiac
Mazda
Dodge
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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This home is located at 742 7th Ave N in Saint Petersburg, FL and zip code 33701 in the Historic Uptown neighborhood. This 3,515 square foot home, which was built in 1915, sits on a 0.18 acre lot. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $1,450,000.
In December 2024 more than 42 listings in Saint Petersburg, FL were sold above the asking price. During the same period more than 69 listings were sold at asking price, while more than 268 were sold below. The number of homes for sale in Saint Petersburg, FL increased by 3.5% between November and December 2024. While the average time on the market in December 2024 was 54 days, the median list price was $434,016.
From Rocket Homes Real Estate and based on county public records data.